Melkman's new hires include Barry Schachter, who is joining as
chief risk officer and a partner. Schachter previously held the
same role at hedge funds Caxton Associates, SAC Advisors,
Balyasny Asset Management, and Moore Capital. His most recent
hedge fund job was at 40 North Management, which he left at the
end of last year, according to a
LinkedIn profile.

Alberto Ades is joining the new launch as head of research. He
was previously cohead of global economics and head of global
emerging-markets fixed-income strategy at Bank of America Merrill
Lynch from 2010 through March of this year, according to a
LinkedIn page. He has also held macro research roles at
Citigroup and Goldman Sachs.

Douglas Spiegel is joining as CFO and CCO, and he previously held
the same roles at Realm Partners, an event-driven hedge fund,
from 2009 through last year, according to a
LinkedIn page. Before that, he held the same roles at Sanno
Point, a credit relative-value hedge fund, from 2004 through
2009.